SALITHO
ActiveSALITHO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €57k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+4
Solvency90▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 6.19 in 2024; short-term debt: 34.8% and cash: 44.1% of total assets), and 34.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
21%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
24 d early
2023
58 d early
2022
39 d early
2021
37 d early
2020
26 d early
2019
52 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€175k▼ 28.2%
2024 · €244k
2018: €134k
2019: €191k
2020: €210k
2021: €218k
2022: €239k
2023: €219k
2024: €244k
2018 → 2025
Total assets
€269k▼ 6.4%
2024 · €288k
2018: €185k
2019: €209k
2020: €293k
2021: €283k
2022: €303k
2023: €301k
2024: €288k
2018 → 2025
Net result
€57k▲ 12.7%
2024 · €50k
2018: €45k
2019: €57k
2020: €54k
2021: €33k
2022: €45k
2023: €41k
2024: €50k
2018 → 2025
Working capital
€168k▼ 25.5%
2024 · €225k
2018: €136k
2019: €173k
2020: €170k
2021: €183k
2022: €208k
2023: €193k
2024: €225k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€218k-€239k▲ 9.4%€219k▼ 8.2%€244k▲ 11.5%€175k▼ 28.2%
Operating result€47k-€62k▲ 33.1%€57k▼ 8.4%€63k▲ 11.6%€68k▲ 6.8%
Net result€33k-€45k▲ 38.8%€41k▼ 10.9%€50k▲ 23.9%€57k▲ 12.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269k
Fixed assets
€8k▼ 59.9%
Current assets
€262k▼ 2.7%
Equity and liabilities €269k
Equity
€175k▼ 28.2%
Debt
€94k▲ 116%
The debt ratio rises from 15.1% to 34.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€79k▲
2024 · €74k
Cash flow
€68k▲
2024 · €61k
Solvency
65.2%▼
2024 · 84.9%
Current ratio
2.79▼
2024 · 6.19
Quick ratio
2.79▼
2024 · 6.19
Debt / equity
0.53▲
2024 · 0.18
ROE
32.2%▲
2024 · 20.5%
ROA
21.0%▲
2024 · 17.4%
Interest coverage
854.74▲
2024 · 331.44
Debt
€94k▲
2024 · €43k
Debt ≤ 1 year
€94k▲
2024 · €43k
Income taxes
€15k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€288k€269k▼
Formation expenses20€0€0=
Fixed assets21/28€19k€8k▼
Tangible fixed assets22/27€19k€8k▼
Land and buildings22€8k€6k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€8k€0▼
Current assets29/58€269k€262k▼
Amounts receivable within one year40/41€13k€16k▲
Trade receivables40€13k€16k▲
Current investments50/53€124k€124k=
Cash at bank and in hand54/58€129k€119k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€288k€269k▼
Equity10/15€244k€175k▼
Contributions10/11€19k€19k=
Reserves13€182k€157k▼
Distributable reserves133€182k€157k▼
Profit (loss) carried forward14€44k-
Amounts payable17/49€43k€94k▲
Amounts payable within one year42/48€43k€94k▲
Trade debts44€1k€216▼
Suppliers440/4€1k€216▼
Taxes, remuneration and social security45€12k€15k▲
Taxes450/3€12k€15k▲
Other amounts payable47/48€30k€79k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€782€998▲
Gross operating margin9900€75k€80k▲
Operating profit (loss)9901€63k€68k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€223€92▼
Recurring financial charges65€223€92▼
Profit (loss) for the period before taxes9903€68k€72k▲
Income taxes67/77€18k€15k▼
Profit (loss) for the period9904€50k€57k▲
Profit (loss) for the period to be appropriated9905€50k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€100k▲
Profit (loss) brought forward from the previous period14P€34k€44k▲
Transfer from equity791/2€25k€25k=
Transfer to equity691/2€40k-
To other reserves6921€40k-
Profit to be distributed694/7€25k€125k▲
Return on contributions (dividend)694€25k€125k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €33k ▼39.4%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €210k ▲10%
3 profitable years in a row build equity to €210k.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €57k ▲25.6%
Operating result €75k, net result €57k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 10.78
Current ratio from 3.87 to 10.78; short-term debt falls from €47k to €18k.
31-12
Financial
Equity above €150kEq €191k ▲42.4%
2 profitable years in a row build equity to €191k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Naeyerstraat 309308 AalstGround area
421 m²
Building footprint
94 m²
Volume, LiDAR
791 m³
Parcel 41029C0444/00T003, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SALITHO
since 20162.249.142.958
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029C0444/00T003 | Flanders | 421 m² | 1 · 94 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,637 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.